Crude Oil Inventories Fall Less Than Expected, Impacting Market Sentiment

The American Petroleum Institute (API) released its latest data on U.S. crude oil inventories, revealing a decline that fell short of market expectations. The API Weekly Crude Stock report indicated an actual decrease of 4.930 million barrels. This figure contrasts with forecasts that anticipated a more significant reduction of 1.300 million barrels. The actual drop ...

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